Growth Metrics

Keros Therapeutics (KROS) Free Cash Flow (2019 - 2025)

Keros Therapeutics posted quarterly Free Cash Flow of -$25.9 million for Q4 2025, up 44.1% year-on-year from -$18.0 million in Q4 2024, and down 1501.95% on a QoQ basis from $1.8 million in Q3 2025.

Keros Therapeutics (KROS) has 7 years of Free Cash Flow data on file, last reported at -$25.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow rose 44.1% year-over-year to -$25.9 million; the trailing twelve-month figure through Dec 2025 stood at $107.5 million (up 166.03% YoY), and the FY2025 full-year result was $107.5 million, up 166.03% from the prior year.
  • Free Cash Flow for Q4 2025 stood at -$25.9 million, down from $1.8 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $160.6 million in Q1 2025 and bottomed at -$46.3 million in Q4 2024.
  • The 5-year median for Free Cash Flow is -$25.2 million (2022), against an average of -$15.7 million.
  • The widest annual swing landed in 2023, when Free Cash Flow tumbled 2162.62%; it then soared 458.58% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at -$19.7 million in 2021, then slipped by 14.94% to -$22.7 million in 2022, then declined by 14.68% to -$26.0 million in 2023, then tumbled by 78.08% to -$46.3 million in 2024, then soared by 44.1% to -$25.9 million in 2025.
  • The last three Free Cash Flow figures came in at -$25.9 million (Q4 2025), $1.8 million (Q3 2025), and -$29.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -1.67 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -12.20 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -2.49 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.29 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 848.30 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 48.67 Mn
10 Keros Therapeutics 403.85 Mn 116.45 Mn - -25.88 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 -25.88 Mn
Dec 31, 2025 -25.88 Mn
Sep 30, 2025 1.85 Mn
Sep 30, 2025 1.85 Mn
Jun 30, 2025 -29.07 Mn
Jun 30, 2025 -29.07 Mn
Mar 31, 2025 160.61 Mn
Mar 31, 2025 160.61 Mn
Dec 31, 2024 -46.30 Mn
Dec 31, 2024 -46.30 Mn
Sep 30, 2024 -32.06 Mn
Sep 30, 2024 -32.06 Mn
Jun 30, 2024 -39.66 Mn
Jun 30, 2024 -39.66 Mn
Mar 31, 2024 -44.79 Mn
Mar 31, 2024 -44.79 Mn
Dec 31, 2023 -26.00 Mn
Dec 31, 2023 -26.00 Mn
Sep 30, 2023 -32.67 Mn
Sep 30, 2023 -32.67 Mn
Jun 30, 2023 -32.18 Mn
Jun 30, 2023 -32.18 Mn
Mar 31, 2023 -34.26 Mn
Mar 31, 2023 -34.26 Mn
Dec 31, 2022 -22.67 Mn
Dec 31, 2022 -22.67 Mn
Sep 30, 2022 -24.59 Mn
Sep 30, 2022 -24.59 Mn
Jun 30, 2022 -22.53 Mn
Jun 30, 2022 -22.53 Mn
Mar 31, 2022 -1.51 Mn
Mar 31, 2022 -1.51 Mn
Dec 31, 2021 -19.72 Mn
Dec 31, 2021 -19.72 Mn
Sep 30, 2021 -14.59 Mn
Sep 30, 2021 -14.59 Mn
Jun 30, 2021 -18.36 Mn
Jun 30, 2021 -18.36 Mn
Mar 31, 2021 -10.51 Mn
Mar 31, 2021 -10.51 Mn
Dec 31, 2020 -8.05 Mn
Dec 31, 2020 -8.05 Mn
Sep 30, 2020 -10.89 Mn
Sep 30, 2020 -10.89 Mn
Jun 30, 2020 -9.96 Mn
Jun 30, 2020 -9.96 Mn
Mar 31, 2020 -8.30 Mn
Mar 31, 2020 -8.30 Mn
Dec 31, 2019 -5.52 Mn
Dec 31, 2019 -5.52 Mn
Sep 30, 2019 -3.04 Mn
Sep 30, 2019 -3.04 Mn
Jun 30, 2019 -5.20 Mn
Jun 30, 2019 -5.20 Mn
Mar 31, 2019 -2.51 Mn
Mar 31, 2019 -2.51 Mn